Coinbase to Bitcoin Flippers: You Might Flop

This is a syndicated repost courtesy of True Economics. To view original, click here. Reposted with permission.

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If you need to have a call to ‘book profit’, you are probably not a serious investor nor a seasoned trader. Then again, if you are ‘into Bitcoin’ you are probably neither anyway. Still, here is your call to “Go cash now!” https://blog.coinbase.com/please-invest-responsibly-an-important-message-from-the-coinbase-team-bf7f13a4b0b1?gi=f51a107183c9.

In simple terms, Coinbase is warning its customers that “access to Coinbase services may become degraded or unavailable during times of significant volatility or volume. This could result in the inability to buy or sell for periods of time.” In other words, if there is a liquidity squeeze, there will be a liquidity squeeze.

Run.

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